FREDRIKSTAD SHIPPING CO AS

1606 FREDRIKSTAD

Finances

Return on Equity

9,73 %

Current Ratio

N/A

Debt-to-Equity Ratio

−1,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	317 000	331 000	326 000	307 000
Net Income	−104 000	22 000	46 000	−65 000
Total Assets	465 000	565 000	527 000	459 000
Total Equity	−1 069 000	−965 000	−987 000	−1 033 000

Income (NOK)	2022	2021	2020	2019
Revenue	317 000	331 000	326 000	307 000
Expenditure	375 000	265 000	240 000	326 000
Operating Profit	−59 000	66 000	85 000	−19 000
Financial Income	0	0	0	0
Financial Costs	45 000	45 000	39 000	46 000
Financial Balance	−45 000	−45 000	−39 000	−46 000
Earnings Before Tax	−104 000	22 000	46 000	−65 000
Tax	0	0	0	0
Net Income	−104 000	22 000	46 000	−65 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	341 000	341 000	346 000	351 000
Total Current Assets	124 000	225 000	181 000	108 000
Total Assets	465 000	565 000	527 000	459 000
Total Retained Equity	−2 049 000	−1 945 000	−1 967 000	−2 013 000
Total Equity	−1 069 000	−965 000	−987 000	−1 033 000
Total Long-Term Debt	1 534 000	1 516 000	1 485 000	1 465 000
Total Current Debt	0	15 000	29 000	27 000
Total Equity and Debt	465 000	565 000	527 000	459 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	317 000	331 000	326 000	307 000
Other Income	0	0	0	0
Revenue	317 000	331 000	326 000	307 000
Cost of Goods Sold	0	0	0	0
Salary Costs	27 000	41 000	47 000	62 000
Depreciation	0	5 000	5 000	5 000
Impairment	0	0	0	0
Expenditure	375 000	265 000	240 000	326 000
Operating Profit	−59 000	66 000	85 000	−19 000
Financial Income	0	0	0	0
Financial Costs	45 000	45 000	39 000	46 000
Financial Balance	−45 000	−45 000	−39 000	−46 000
Dividends	0	0	0	0
Net Income	−104 000	22 000	46 000	−65 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	319 000	319 000	319 000	319 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 000	5 000	10 000	15 000
Total Tangible Assets	324 000	324 000	329 000	334 000
Total Fiancial Fixed Assets	16 000	16 000	16 000	16 000
Total Fixed Assets	341 000	341 000	346 000	351 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	77 000	166 000	133 000	65 000
Total Current Assets	124 000	225 000	181 000	108 000
Total Assets	465 000	565 000	527 000	459 000
Total Equity	−1 069 000	−965 000	−987 000	−1 033 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 534 000	1 516 000	1 485 000	1 465 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	15 000	29 000	27 000
Total Current Debt	0	15 000	29 000	27 000
Total Equity and Debt	465 000	565 000	527 000	459 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,73 %	−2,28 %	−4,66 %	6,29 %
Debt-to-Equity Ratio	−1,43	−1,57	−1,5	−1,42
Operating Profit Margin	−18,61 %	19,94 %	26,07 %	−6,19 %
Current Ratio	-	15	6,24	4
Quick Ratio	-	15	6,24	4
Equity Ratio	−2,3	−1,71	−1,87	−2,25
Gross Profit Margin	100 %	100 %	100 %	100 %